Economy and Trade

Economy and Trade

Economy and Trade is a section of Business News on investvine.com
China becomes largest investor in Laos

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China has become the largest investor in Laos with over $5 billion invested in the country, surpassing Thailand, Chinese Ambassador to Laos Guan Huabing...
Thailand breaking up? Red Shirts want capital Chiang Mai

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The pro-government red shirt movement in Chiang Mai province said it has prepared a retreat for caretaker Prime Minister Yingluck Shinawatra should the Thai...
Bangkok: From ‘shutdown’ to ‘paralysis’

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Anti-government protesters in Bangkok have vowed to "paralyse" the entire capital on the coming election day on February 2, turning the city into "one...
Myanmar eyes 9.1% growth next fiscal year

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Myanmar's President Thein Sein announced that the government aims to increase the country’s GDP by 9.1 per cent in the 2014-15 fiscal year (starting...
Investors shun Thailand, move on

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Three months of political turmoil in Thailand is starting to benefit neighbouring economies, as fund managers pull money from the kingdom, long-term investments are...
Malaysia-Brunei trade jumped 31%

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Trade between Malaysia and Brunei experienced a significant increase in 2013, according to Chief Secretary to the Malaysian government, Tan Sri Dr Ali Hamsa....
Massive Bangkok shutdown continues

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Despite the emergency decree imposed on January 22, the massive anti-government protest continue in Bangkok. Protesters marched again on January 25 across areas of...
Indonesia’s mining exports in limbo

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Indonesia's metal ore and concentrate exports have ground to a complete halt, government officials said on January 24, signalling the turmoil in the mining...
More Bangkok flights axed due to unrest

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As the unrest in Bangkok is carrying on, more flights to the Thai capital have been canceled as travelers increasingly shun the city now...
No-go areas in Bangkok announced

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Bangkok's police have announced the no-go areas in the city under the emergency decree on January 24, further stoking tensions between authorities and anti-government...
Thai tourism expects huge losses

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The invoking of the emergency decree in Bangkok and vicinities on January 22 for 60 days could cost the tourism sector about 10 billion...
UN: Philippine GDP growth seen at 6.2% in 2014

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A new report by the United Nations, the UN World Economic Situation and Prospects 2014 (WESP) report, expects the Philippine GDP growth to slow...
Indonesia aims at 15% more foreign investment

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Indonesia on January 21 set an ambitious target of attracting 15 per cent more foreign investment in 2014 than in 2013, a challenging goal...
IMF positive on Myanmar’s growth outlook

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The International Monetary Fund (IMF) said Myanmar's economic outlook remains favourable and projected that real GDP growth will rise to about 7.8 per cent...
Philippines, India fight for BPO pole position

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While India is still in the top rank of the global Business Process Outsourcing (BPO) industry, the Philippines are catching up rapidly, a new...
Indonesia investment expected to slow in 2014

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Indonesia expects investment to slow in 2014, as companies may hold off during an election year, providing less stimulus to an economy grappling with...
Myanmar spent 29% of budget for the army

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Myanmar, in its 2012-13 fiscal year, has spent 29 per cent of its entire budget for the defense forces, while the education sector received...
Malaysia opens its protected auto market

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The Malaysian government announced on January 20 it will allow foreign automakers to build smaller passenger cars in the country, a liberalising move aimed...